"Mining Simulcast" Episode 7 Full Review: The Survival Rules of the Mining Circle Before and After the Halving

Hello, fellow miners. I am KiKi, the host of this event. Welcome to the seventh episode of "Coin Mining News". Today we invite several mining industry leaders to talk about "Survival Rules of the Mining Industry Before and After Halving". Guests of this episode:

Wang Shenglin, Sales Director of Innosilicon Technology

Kong Meng, founder of VeryHash

Panda Miner & NiuBit COO Yang Xiao

Today's media observer is Liande reporter Lingge . In the following AMA session, Lingge will represent the supporting media of this event: Lieyun Finance, Star World, Deep Chain Finance, Babbitt, Caiyun Bit, Mining Vision, Bitang International, Changqing Finance, Pika Finance, Bitao, Evangelism Finance, Bitcoin Home, BitCore Finance, BitVientiane, Milin Finance, Mokr Headlines, Chain World, Chain Finance, FN.COM, Miyou Finance, Bipu, Qun TV, Shilian Finance, Bolian Finance, Niubiquan, Bibi NEWS, Ostrich Blockchain, Deep Cloud Finance, BITCOIN86, Gyro Finance, Niu Shi Finance, Beibo, Nakamoto Finance, and Block Network to ask questions to the guests.

First, please introduce yourselves.

Wang Shenglin

Hello everyone! Thank you for the invitation from Wabi.com. I am Wang Shenglin from Innosilicon. It is a great pleasure to meet you all! Innosilicon is a leading domestic company engaged in chip IP design and chip customization. It is also a blockchain hardware manufacturer with industry-leading R&D, design and production integration capabilities for all-currency mining machines. Over the years, we have continued to provide a series of excellent products for our miners. In 2020, we will continue to provide you with better products and services! Thank you everyone!

Kong Meng

Hello everyone, I am Kong Meng from VeryHash. VeryHash is a technology company focusing on mining machine hosting and computing power trading. We have achieved low threshold for mining and real-time circulation of mining machines by formulating mining standardization.

From November last year to now, the yield from buying mining machines for mining has outperformed Bitcoin by 20+%, and has also achieved a positive return of 10+% against fiat currency.

Buying a mining machine in VeryHash is equivalent to buying a mining machine online, but you are not bound by the amount, and you can buy 0.01 T. Don't worry about the mining farm cheating you. The mining farms we host will charge electricity fees according to the actual computing power of the mining pool. There will be no overcharges, and there will be no passive lock-up like renting computing power. Buy today, sell tomorrow, and mine for only one day.

Yang Xiao

Hello everyone, I am Yang Xiao, co-founder of Panda Miner & Niubit. Panda Miner was founded in 2014 and is one of the earliest digital currency miners in the world. It took more than 6 years for Panda Miner to become a top-level digital currency mining company. At present, the business layout includes four main lines of business: mining hardware, mining infrastructure, miner services, and ecological expansion, covering the global miner community.

In addition, Panda's Niubit is one of the oldest cloud computing platforms in the world. It was established in 2014. Backed by Panda Miner and Halley Mining, it has its own mines and real mining. Relying on strong supply chain resources and rich operating experience, it has provided safe and reliable cloud computing mining services to more than 700,000 users in more than 50 countries around the world.

Kiki

The flood season is coming. What plans have the leading mining companies made? Will there be a new round of bull market? Please answer first, Mr. Wang~

Wang Shenglin

First of all, in terms of mining machine production and delivery, Xindong has always focused on advantageous spot sales, saving miners' time and opportunity costs to the greatest extent, helping customers to quickly deploy before the flood season, and realize early mining, early profits and more coin storage.

Secondly, as a leader in all-currency mining machines, Innosilicon provides customers with a variety of layouts based on its professional technical strength and rich experience in chip design, including Bitcoin (T3+, T2T), Ethereum (A10), Zcash (A9+, A9++), Litecoin (A6, A6+) and other all-currency models.

Finally, in response to the objective situation of halving and the epidemic, Innosilicon has specially launched a live-powered sales model, sharing with customers the limited computing power resources distributed globally, compliant mining farms, high-quality operation and maintenance, and advantageous electricity prices, and selling the machines together with electricity and operation and maintenance services. Unlike computing power sales, we only sell machines, not computing power. We are now launching three types of live-powered sales services:

1. Customers can choose permanent hosting (year-round electricity);

2. You can also choose to move the machine during the flood season (dry season electricity);

3. You can also choose to move the machine at any time according to the progress of your mine construction (temporary electricity).

For mining, time is money, especially during the flood season and when halving is imminent. Innosilicon mainly helps miners build local advantages through the layout of spot products, full-currency mining machines, and power-on sales. When the spring of BTC comes, they will have the confidence to have coins.

I am personally optimistic about the coming of a new round of bull market. To some extent, the virtual economy and the real economy have a hedged nature, and there is a relationship of one rising and the other falling. During the epidemic, the domestic real economy was more or less hit, while the mining activities based on virtual currency were almost unaffected. The computing power of the entire network showed an orderly growth. Bitcoin once again played the role of a safe-haven asset in the unpredictable market changes. Especially as the epidemic spreads around the world, concerns about the epidemic will further consolidate the market's recognition of Bitcoin's safe-haven function. Coinciding with the imminent halving, "scarcity makes things valuable", the market has high expectations for the halving. At the same time, the global loose monetary policy, the continued strengthening of Bitcoin in social consensus, and the promotion of digital currency coincide with the halving. Under the influence of multiple effects, I think Bitcoin's "good news" is imperative.

Yang Xiao

First of all, I want to make a point clear. The bull market that may come is not caused by the Fengshui period, but by the Bitcoin halving event that has attracted much attention this year. Many currencies have halved this year, and everyone's expectations are relatively high. Let's review the previous two Bitcoin halvings. The market will fluctuate within a certain range before and after the halving. The real halving market should occur 1-2 years after the halving. Just like the sudden plunge in the market in the past two days, even if the halving can be seen as a positive, there are too many factors that affect the price of Bitcoin, and we must also have rational psychological expectations.

However, we are still optimistic about the medium- and long-term expectations of the overall halving. Prices fluctuate due to market supply and demand. Halving means that the reward for miners to mine the same block is reduced from 12.5 to 6.25, and the transaction demand on the chain is constantly increasing, so the benefits brought by halving are inevitable. In addition, from the previous two halvings, the highest increase was 77 times in the first halving and 30 times in the second halving. History may not be the same, but we still believe that the final result will be similar.

In the short term, there are indeed many uncertainties. If there is no sharp rise in the price of the currency after the halving, it is expected that 30E~40E mining machines in the entire network will choose to shut down during the halving in May. Therefore, the characteristics of the mining arms race will be further highlighted. All miners in the market will enter a stage of competing for the lowest cost, thus forming a dynamic balance of mining income.

Back to the Fengshui period, Fengshui will bring huge advantages to the competition. Whether or not we can get the advantage of the ultra-low electricity price in Fengshui will play a key role in this competition. Panda has been increasing its investment in Fengqi mines since last year. Last year, we added two mines in Sichuan. This year, we are still selecting resources and expect to add 1~2 more Fengqi mines. However, the stability of Fengshui's power resources is far from being comparable to the annual power, so the selection of resources, the construction of mines, and the guarantee of operation and maintenance will be greater challenges. I hope that friends who invest in Fengshui mines also need to make rational judgments, and if you are interested, you can come to us for cooperation.

Kong Meng

After the price of mining machines reaches the bottom, another optimization factor for mining costs is electricity costs. Therefore, the competition for electricity during the flood season is also very important. We mainly respect the opinions of customers and transfer some machines with high shutdown prices to the flood season mining farms.

Compared with the low electricity prices during the flood season, we value the standardization and liquidity of mining machines more. Standardization will help more people understand and know the mining industry, and also help users avoid risks.

For example, regarding the standardization of electricity charges, we will not settle by hanging electricity meters, but will calculate the electricity charges based on the actual power consumption of the mining machine and the actual operating computing power of the mining pool. This calculation method will cause us losses if the mining machine is unstable, which forces us to choose a more stable mining farm.

Liquidity will make the liquidity of mining machines better and will also help the healthy growth of this market. The biggest problem with cloud computing power now is the passive lock-up, which has a fixed period and is not transferable. Users may ride a roller coaster without enjoying the premium of the bull market. In the end, even if they buy reliable cloud computing power, they cannot maintain positive returns.

The bull market is determined by demand, and the dominant force of this market demand is still speculation. The trend this year has been rather tortuous.

The funds that have entered the market since 2018 have a better understanding of finance, and their speculative and arbitrage attributes have been enhanced, which has accelerated the development of derivatives, which will dilute the power of Bitcoin believers.

This year, the Bitcoin market has grown to a market value of hundreds of billions. It will also be affected by the sentiment of the traditional financial market. The plunge in global risk assets will also have a certain impact on the market.

Kiki

The second question should also be a concern of miners. How can miners minimize risks and maximize mining profits before and after halving?

Wang Shenglin

I personally think that before the halving, the market trend was optimistic and the computing power difficulty was moderate. Although the coin price has fallen back in the past few days, the mining ecology is still benign and the future market is still promising. At present, mining still has a super high return rate and relatively low risk compared to traditional industries. The earlier the layout, the better. The earlier you mine, the more you mine and the more coins you hoard, the lower the risk. After the halving, the higher the mining cost, the greater the relative risk may be. Since March 2019, we have been clearly advising miners to mine early, more and worry-free. Although the halving time window is approaching, we still have to continue to give miners this advice. Because there are about 60 days before the halving, it is also a good time to get on board now. First, the flood season is approaching, and there is an advantage in preparing the electricity price cost in advance. Second, the coin price is now ready to go, and hoarding more coins can enjoy dividends. Third, we can now provide a large number of advantageous mining machines, reliable mining sites, and stable power resources to meet the miners' needs to get on board at any time. In fact, the basic rules of mining have not changed, which is to start early, scale up and persist, mine more coins and hold on to the results to maximize profits and become the final winner.

Yang Xiao

The three core factors that determine whether mining is profitable are: currency price, computing power, and electricity costs.

Electricity costs: When prices are in a downward channel, electricity costs will become a key factor in the survival of mining machines. Whoever has lower electricity price resources and the lower the proportion of electricity costs, the more advantages they will have. Therefore, miners need to try their best to find stable and low-cost electricity resources. Do not ignore the stability of electricity. Frequent power outages will have a greater impact on mining revenue.

In terms of computing power: on the one hand, mining machines need to enter at a suitable price to avoid buying at the top of the mountain, and on the other hand, they still need to choose machines with lower power consumption ratio, so that they can form stronger competitiveness in the dynamic competition of mining income by combining the unit price of electricity. In the bull market, cryptocurrency speculation and bear market mining, for miners, finding the right entry point for mining machines will gain the dual benefits of currency growth and mining machine premium in the future market.

In terms of currency price: when the currency price is relatively high, or you calculate the price point you can accept, you can hedge the risk through options and futures and other tools. Miners in the new era are no longer just long investors, but still need to learn to use more financial derivatives to protect their own interests. At the same time, if there is a shortage of cash flow, you can also lock in the currency price through currency loans to buy the bottom and stock up on machines, get funds to pay electricity bills, and avoid being forced to sell the currency and miss out. However, any financial instrument has two sides, and you must have a prejudgment of risks and leave room for error before using financial instruments.

Kong Meng

First, evaluate the change in computing power. On October 4, 2018, the total computing power of the entire network was 53.33E. At that time, there were basically no machines with a unit power consumption of 65W/T in the entire network. Assuming that no old model machines were released later, there would be at least 50E old models in the entire network. Under the condition of low coin prices and reduced production, they will eventually be shut down.

Secondly, we need to evaluate which models will not be affected by this. Assuming that the price of the currency remains unchanged at 8,000, no old machines have been produced since October 2018, and 10E machines can be turned on due to the extremely low electricity price during the flood season, and at least 40E machines will be shut down due to production cuts. At that time, the total network computing power is about 80E. According to the calculation results, mining machines above 65W/T have a safety cushion for survival based on the electricity fee of 0.4 yuan.

From the above figure, we can calculate the 80E computing power. When the coin price is 8000, any machine with a single T power consumption lower than 0.0900 can be turned on.

From the statistics on VeryHash's official website, we can see that Avalon A1047 just meets this condition. The unit power consumption of Avalon A1047 is 65W/T.

Finally, we need to calculate which models have a more suitable price and return ratio. After the bull market comes, there will not be much difference between good mining machines and sub-standard mining machines in the secondary market. Users are more concerned about the payback period. Mining machines with the best liquidity and the highest cost-effectiveness will enjoy a high premium.

Kiki

With the development of digital currency, mining models have also been evolving. Referring to Internet e-commerce, which models do bosses think will become mainstream in the mining industry in the future?

Wang Shenglin

Mining is the most basic POW. This process is the only conversion entity in the mining circle, and the discount for getting coins is the lowest. Above this, computing power contracts, cloud computing power platforms, etc. will appear. At this time, Internet+ has begun, which can allow more people to participate, but the discount for getting coins will be lower than direct mining. So we have always focused on the bottom-level mining, so that customers can get the cheapest coins. The power-on operation model launched by Xindong in the early stage can transfer all the machines running in the mine to customers with electricity, truly realizing one-stop mining, helping miners save a lot of time and cost. I think this is a good choice for medium and large customers. Specifically, in this model, customers can lock the running high-quality machines by placing an order and paying a deposit remotely, and the computing power can be cut by payment. After the customer places an order and locks it, he can immediately enjoy the benefits of machine mining. It includes high-quality spot machines, compliant mines, high-quality operation and maintenance, and advantageous electricity charges. In the later stage, customers can choose to transport the locked machines at any time, or continue to host them in Xindong's official cooperative mines to ensure 24-hour high-quality service. Of course, in this process, Xindong can also provide financial products such as installments or leverage. Therefore, this live mining business model combines the advantages of traditional mining and cloud computing mining. Miners can not only earn higher net income at a lower cost, but also own the machine property rights, and the property disposal is convenient, fast, transparent and safe. This is also what we will do next.

Yang Xiao

Mining in a bear market, hoarding coins in a bull market, this saying has been verified by several rounds of the market. Based on the current bear market, I think mining is still feasible. Like the common ones on the market now: mining funds, mining machine hosting, cloud computing power, etc., you can choose the configuration according to the preferences of different user groups.

If you are a user with a large amount of funds and seek stable returns, the Mining Foundation is your best option. According to your investment preferences and risk tolerance, the platform will customize the output of investment plans for you. For the choice of mining machine hosting or cloud computing power, it depends on your expectation of investing energy in mining. If you want to be more deeply involved in the tedious matters such as mining machine selection, mining machine operation and maintenance, and machine maintenance, you can choose to buy a mining machine and find a reliable team to host it, so that you can also get more profit possibilities. If you want to get mining profits more simply and directly, similar to only making a financial investment behavior, and do not want to deal with the complex operation and maintenance risks in the middle, nor do you want to bear some operation and maintenance losses in the middle, then I suggest you choose cloud computing products. At present, Panda has mature undertaking plans for the three investment methods, and you are welcome to consult.

Cloud computing power is our business direction for vigorous development in 2020. In view of the high threshold for buying mining machines, cognitive threshold, purchase threshold, and usage threshold, cloud computing power will further C-end the mining market, lower the threshold, and allow users to participate in mining more conveniently to obtain mining income. However, cloud computing power is easy to play Ponzi, and it is necessary to choose a reliable platform to form a real mining investment. Our Niubit platform is the oldest cloud computing platform still surviving in the market, so if novice miners have the intention and demand for mining, they can pay more attention to us. In the near future, in response to the halving market, we will launch more products that meet user expectations and demands to bring you a better mining experience.

Kong Meng

There are several models now: computing power leasing model, bidding transaction model, and mining machine transaction model.

In the computing power leasing model, manufacturers have the greatest advantage. When manufacturers are particularly short of money, they will choose leasing as the first choice to repatriate cash and maintain cash flow. Because they are close to the production end, the cost advantage of mining machines is more obvious.

The logic is simple: the better the manufacturer's cloud computing power sells, the closer the market is to the bottom. No one wants to rent it out at a low price if they can sell the entire machine to recover funds.

In the bidding transaction model, computing power is measured in "computing power unit·time unit", and the bidder with the highest bid can obtain computing power. This model is more suitable for some small currencies without depth, but it has relatively high technical requirements. From the customer's point of view, the disadvantage is that the price will be relatively expensive.

The mining machine trading model is what we are doing now. After standardizing mining machines and mining, investors who buy mining machines for mining can enter and exit the market more freely. The disadvantage is that users have a low level of awareness of mining machines, which is not as good as Bitcoin, and the market liquidity is poor.

Kiki

Is now a good time to enter the market? What pitfalls should new miners pay attention to?

Wang Shenglin

Although the industry is still affected by some follow-up effects due to the fact that the epidemic has not been completely lifted, dangers and opportunities coexist. I think now is the best time to enter the market. Why do I say that? On the one hand, after the epidemic, major economic systems will resume normal operation, and coupled with the market's positive expectations for future market conditions, there is a high probability that a wave of new machines will be put on the shelves. On the other hand, the upcoming flood season will also give rise to a sharp increase in demand for mining machines. However, due to epidemic control, mining machine manufacturers and their third-party factories have stopped working, and machine transportation has been affected. It is difficult for the overall production capacity of mining machines to return to normal levels in a short period of time. This year, domestic mining farms will also face the pressure of rising demand for mining machines in overseas mining farms. It is very likely that when you want to deploy machines, there will be no space for them. Therefore, it is the right time to deploy in advance, seize machine positions, and mine more and hoard more coins.

Here, we recommend that new miners and miners with small capital pay attention to live electricity sales and one-stop managed mining, which can save time and effort, and allow you to mine early and more without worry. You don't have to step into the pitfalls of finding a mining site, delaying the delivery of mining machines, stealing mining machines, and stealing computing power, and you can also avoid some pitfalls for novices in electricity use. These pitfalls are huge risks for small miners. So worry-free mining is the most reliable.

Yang Xiao

The price of mining machines has fallen by nearly 50% to 70% compared to last year's high. The recent drop in the price of coins has had a relatively small impact on the price of mining machines, which shows that there is limited room for further price drops. In addition, the black swan of the epidemic and the demand for 5G this year will have a greater impact on the production of semiconductors. Therefore, the supply and demand of high-quality, low-energy consumption machines will be tighter. For users who want to buy mining machines, they can consider choosing the right time to buy them.

For newcomers to mining, I still have to say the same thing. I suggest that you start with the cloud computing platform, gradually understand mining, and then increase your investment. Because the starting threshold for purchasing mining machines is high and the management cost is also high, the simplicity and low threshold of cloud computing power is an opportunity for novices to try at a low cost.

However, each wave of the market will also bring a large number of unreliable platforms, so everyone needs to pay attention to the choice of platforms. As veterans in the industry, we have seen too many ups and downs of cloud computing platforms in the past few years. There are two types of eliminated ones: one is the pseudo cloud computing platform, which has no entity behind the cloud computing shell, and the subsequent capital chain is broken and the platform runs away; the other is the insufficient assessment of the operating risks of the cloud computing platform, which eventually caused the platform to be destroyed due to the outbreak of various risks. At present, the market has re-entered a period of rapid growth, and many cloud computing platforms have emerged (some are new, some are revived), which requires investors to carefully identify and avoid pitfalls.

Many users will ask, "We are new, how can we choose a reliable platform?" I personally recommend the following points:

(1) Is there a solid asset backing the platform and a stable supply chain? For example, our platform supply chain adopts a B2C model, and the core mining machine operation and maintenance are all done by Panda’s own mining farm, which fully guarantees the stability and reliability of the machine and power supply. With solid assets as the backing, there is no need to worry about the risk of “running away”.

(2) Whether to provide users with long-term sustainable and profitable products and services. The reason why Niubit is trusted by users is that we have been distributing mining income to users for 6 consecutive years. At the same time, from the user's perspective, we also provide many "risk hedging" measures: we use theoretical income methods, and the risks of power outages, machine damage, and computing power fluctuations that occur during the mining process are all borne by the platform; during the bear market, we introduced lower electricity prices to guarantee user income, and changed the perpetual contract rules to extend user income, etc., in order to ensure that users can survive the trough and cross the bull and bear markets.

(3) Whether the platform itself is trustworthy and maintains information transparency. In addition to the endorsement of big brands, we believe that industry transparency is also particularly important for trust issues. Niubit gives users full right to know. We make all information such as electricity costs/power consumption/yield/income distribution model of each product public. Only by making information transparent can users fully understand the products and naturally solve the problem of users' distrust of the platform.

Kong Meng

There are two costs for purchasing a mining machine for mining: one is the cost of purchasing the machine, and the other is the cost of electricity.

As far as purchasing mining machines is concerned, they can be purchased at close to cost price, which means that the mining machine market is about to enter a period of inventory.

The pitfalls that new miners need to pay attention to are mainly in the mining part, and the pitfalls of mining are mainly concentrated in electricity. There are many articles on this aspect, so we will not expand on it.

The conclusion is that we have completed standardization. If you have more money, the electricity bill will be low. If you have less money, you can buy mining machines online. You can buy 1 T. The electricity bill is very standardized. The electricity bill is based on the computing power of the mining pool. We guarantee 95% electricity stability throughout the year.

Thank you to the guests for sharing. Next, our reporter Lingge from Liandede Media Observer will continue to ask questions on behalf of the major media.

Chain De De Ling Pigeon

As the Bitcoin halving approaches, Bitcoin mining becomes increasingly difficult, computing power reaches new highs, and small mining coin projects are booming. Do you prefer mainstream coins or small mining coins?

Wang Shenglin

In fact, both mainstream and small currencies are profitable, and each has its own advantages. Mining small currencies is still an undeveloped value depression. Ethereum, Litecoin, and Zcash are all relatively high-quality investment targets. Through the "investment portfolio" of different currencies, the investment in virtual currencies can also play the role of 1 plus 1 greater than 2. For example, physical currencies include the US dollar, the euro, the Japanese yen, and the RMB; ancient currencies include gold, silver, and copper; virtual currencies will also produce a similar combination of gold, silver, and bronze. At present, Bitcoin is gold, and Ethereum is very likely to become silver. In addition, other auxiliary currencies such as bronze will be born. In this way of thinking; we suggest that new customers and small miners can pay more attention to small currency machines, which are more profitable. Using the investment portfolio of virtual currencies to expand computing power is equivalent to choosing a shortcut, "casting a wide net to catch more fish", and can also improve risk defense capabilities to a certain extent.

Innosilicon can be said to be the "king" in this field. Based on its professional technical strength and rich experience in chip design, it provides customers with full-currency models such as Bitcoin (T3+, T2T), Ethereum (A10), Zcash (A9+, A9++), Litecoin (A6, A6+), etc. Take Innosilicon's Ethereum ASIC mining machine A10 for example, the computing power is up to 500M, the power consumption is only 750W, the overall energy efficiency and economic output are three times that of the 8-card graphics card machine on the market, and the single-machine income ranks first among all the products on the market, exceeding 60 yuan/day.

Here I want to emphasize that it is very important to choose high-quality and reliable machines, more compliant mining sites, and more stable cooperative manufacturers for small currency mining, which can help miners realize greater profits, avoid risks, and ensure safety. Innosilicon provides spot high-quality machines, complete supporting services, and one-stop customization, and we look forward to win-win cooperation with every customer.

Yang Xiao

Small mining coins are also the focus of our attention. We established the POW Mining Coin Research Institute in 2018 to capture high-quality coins from around the world for mining profits and incubation of coins.

However, small mining coins are high-risk and high-return coins. Before many coins were initially noticed by everyone, the computing power of the entire network was relatively low. When people calculated the static payback period, they did not take into account the surge in computing power. After investing and getting the machines, they found that the payback period was greatly extended.

If you want to explore the mining of small coins, you can also consult me ​​privately. However, to be safe, I suggest that your asset allocation should still be based on mainstream coins, and mining should also be based on mainstream coins. Small currencies can be appropriately allocated.

Kong Meng

The fundamental reason why small mining coins have taken an independent trend in the short term is that the market value is too small, the amount of funds that can be controlled is not large, the information is extremely asymmetric, and the risk is relatively large. It is not recommended to speculate with large funds, and you should be cautious when choosing to mine. When selling you a mining machine, it is said that you can get your money back in one month, but you may not get your money back in one year after you get it. You should still be cautious about coins with poor market liquidity. Small speculation is fun, but big gambling is harmful.

Bitcoin is equivalent to the market index. The long-term performance of small mining coins depends on Bitcoin, and is also related to the application scenarios and demand changes of the mining coins themselves.

Free Q&A session

Thanks to the guests and Lingge for bringing us wonderful content. Now is the time for free questions. You can @ the guests to ask questions, and the guests will choose to answer.

Netizens

Will Innosilicon release a new Bitcoin mining machine soon? What is the computing power?

Wang Shenglin

Now the new generation of Xindong T4+ has been officially announced and will be launched soon. Due to the epidemic, it may be a little delayed. The computing power is 75T

Netizens

I am very curious about what business Mr. Kong veryhash is doing?

Kong Meng

The main thing is to move the mining machine transactions from the circle of friends to the app. Trading mining machines is like trading Bitcoin. You will know it after experiencing it. We will also do some special topics to talk about it later.

Netizens

Can you recommend a few small currencies that you are more optimistic about?

Yang Xiao

Recently everyone is paying attention to CKB's asic mining and fpga mining such as hns~~

Today's AMA ends here. Thanks to Lingge and all the supporting media, and also to the guests for their wonderful sharing and the enthusiastic interaction of the mining friends! See you tomorrow night at 8 pm on the eighth episode of "Mining Coins Simulcast" on the evolution and transformation of mining enterprises.